# The peso records a 4% depreciation in October 2026

> The Mexican peso closed October with a 4.0% depreciation against the dollar at 18.8037 per dollar, its second consecutive monthly decline. The Mexican stock exchange rose 8.67% over the same month. Analysts linked the peso's weakness to unwinding of carry trades as markets priced in a Federal Reserve rate hike.

- Date: 2026-11-02 · published 2026-11-03T06:08:19.065Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/77067-the-peso-records-a-4-depreciation-in-october-2026
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A weaker peso raises the peso cost of imported feed ingredients such as corn and soymeal for Mexican buyers. Expectations of Fed tightening also pressure emerging-market currencies broadly.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- heraldodemexico.com.mx: https://heraldodemexico.com.mx/edicion-impresa/2026/11/2/el-peso-registra-en-octubre-de-2026-una-depreciacion-de-4-921053.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.